Bank Of India Share Price: Shares final traded 3.12 per cent decrease at Rs 69.95 on the BSE.
Share of Bank of India fell over three per cent on Thursday, March 25, after the financial institution stated it should increase Rs 750 crore by issuing basel III compliant bonds. According to a regulatory submitting by the financial institution to BSE, the bidding for the bonds will begin on March 26 and can finish on March 30. On Thursday, Bank of India opened on the BSE at Rs 72.85, touching an intra day excessive of Rs 72.85 and an intra day low of Rs 67.65, within the buying and selling session thus far.
According to the regulatory submitting, the financial institution has uploaded the knowledge memorandum on the nationwide inventory change for elevating capital by issuing Basel III compliant tier 1 bonds for the bottom difficulty dimension of Rs 250 crore and inexperienced shoe choice of Rs 500 crore. The complete quantity aggregates to Rs 750 crore.
Bank of India shares final traded 3.12 per cent decrease at Rs 69.95 on the BSE. Meanwhile, on the NSE, Bank of India shares opened at Rs 72.40, touching an intra day excessive of Rs 72.65 and an intra day low of Rs 67.75, within the buying and selling session thus far. On the NSE, Bank of India shares final traded 3.05 per cent decrease at Rs 69.90.
